13 Aug '17, 2am

Change or die: American malls confront #Amazon era

NEW YORK (AFP) - As the retail industry churns in the Amazon era, American shopping malls are turning to a new generation of stores, food and entertainment offerings to make up for an exodus of department stores. Prime mall real estate is increasingly going to players who began online and are graduating to brick-and-mortar, such as plus-size clothing label Eloquii, or stores selling niche items like candy and conflict-free diamonds. In some cases, these retailers are taking space, literally, from exiting chains like Macy's. Other additions include the trendy burger restaurant Shake Shack, and Dave & Buster's, whose video game and pro-sports viewing restaurants are emblematic of the "experiences, not stuff" mantra now resonant among consumers. Get The Straits Times newsletters in your inbox Sign Up The changes to malls - climate-controlled beacons to American consumerism th...

Full article: http://www.straitstimes.com/world/united-states/change-or...

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